Solana Rises Above $100 on ETF Inflows, Weekly Gain Exceeds 17%

Attention in the cryptocurrency market has turned to Solana. Strong inflows into exchange-traded funds (ETFs) have pushed Solana back above the $100 level. Gaining more than 4% in the last 24 hours, SOL has recorded a weekly increase exceeding 17%. The total amount flowing into funds has reached $1.26 billion, indicating that investor interest is rising at the institutional level. These inflows stand out as a decisive factor in Solana's recent price movement. Market participants are closely monitoring the impact of ETF flows on the valuation of the crypto asset. Technical indicators point to strengthening buying pressure. However, analysts highlight a critical resistance zone for the sustainability of the rally. It is noted that if Solana surpasses the $102-$104 range, the current momentum could continue. If it fails to hold above this level, short-term profit-taking may occur. General risk appetite in the crypto market and macroeconomic developments are also among the factors that could affect Solana's trajectory. Investors are shaping their positions by tracking both ETF flows and technical levels. In the coming days, movement in the $102-$104 zone could provide a clearer signal about the market's direction. This is not investment advice.